A man buys a goat for $60, sells it for $70....

Mike Nasty

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It never states how much he started with. Is flipping goats or did he start out with only $60.
 

KushSkywalker

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Everyone who disagrees with the answer being 20 please watch the video I posted a few posts back. It's literally proof the answer is 20. If you want to say it's not 20, watch my video first and tell me if it changes your mind.
 

Olu Dara

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Kindergarden math problem :russ:

Lets say he has $100.

He pays $60 and now he has $40 left.

He sells it for $70 now he has $110.

He buys it for $80 now he has $30 left.

He sells it for $90 and ends up with $120

$20 profit
 

y2flyy

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I'm not chastising you cause my initial instinct led me down this same process.

I made a quick video with my kids legos and my iphone though and I can prove to you the answer is 20.

Just watch it's less than 3 minutes.



Hey Skywalker thanks for taking your time to make the explanation video bro. Especially without going hard at those of us who have the number at 10 lol.

I watched the video twice though and I STILL see it as $10 profit. Maybe I'm looking at it from a business standpoint and how a business looks at profit. Good discussion though brehs.

I still say this thread is a wake up call to coli "experts" to not be so firm and confident giving financial and life advice and criticism when a simple 3rd grade math problem got brehs completely stumped.
 

Sterling Archer

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Jesus Christ I can't believe y'all sometimes. It's $30. All the fluctuating transactions in-between mean absolutely nothing. He paid $60 for the goat. Last transaction was a sale of $90. How the fukk do y'all keep coming up with $20?:gucci:

Edit:

Its even worse than I thought. I didn't realize this thread was several pages deep of y'all saying $20 smh. Thought it was one page.
 

Devilinurear

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This goat is tearing us apart
200w.webp
 

MarcMan

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Jesus Christ I can't believe y'all sometimes. It's $30. All the fluctuating transactions in-between mean absolutely nothing. He paid $60 for the goat. Last transaction was a sale of $90. How the fukk do y'all keep coming up with $20?:gucci:

Edit:

Its even worse than I thought. I didn't realize this thread was several pages deep of y'all saying $20 smh. Thought it was one page.

Be straight with me....are y'all trolling?

For the record, the man invests 70 (60+10)of his own money and receives 90 at the end.

20 profit
 

GoPro

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Jesus Christ I can't believe y'all sometimes. It's $30. All the fluctuating transactions in-between mean absolutely nothing. He paid $60 for the goat. Last transaction was a sale of $90. How the fukk do y'all keep coming up with $20?:gucci:

Edit:

Its even worse than I thought. I didn't realize this thread was several pages deep of y'all saying $20 smh. Thought it was one page.

:snoop:
Be straight with me....are y'all trolling?

For the record, the man invests 70 (60+10)of his own money and receives 90 at the end.

20 profit

What's sad is that dude is adamant he's right. no wonder so many people end up bankrupt.
 
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